International Association of Athletics Federations

The International Association of Athletics Federations (IAAF) is the international governing body for the sport of athletics. It was founded on 17 July 1912 as the International Amateur Athletic Federation by representatives from 17 national athletics federations at the organization's first congress in Stockholm, Sweden. Since October 1993, it has been headquartered in Monaco.
Beginning in 1982, the IAAF passed several amendments to its rules to allow athletes to receive compensation for participating in international competitions. However, the organization retained the word amateur in its name until its 2001 congress, at which it changed its name to the International Association of Athletics Federations.
On 1 November 2015, former IAAF president Lamine Diack was arrested in France and is under investigation on suspicion of corruption and money laundering. Diack allegedly accepted "$1.2 million from the Russian athletics federation to cover up the positive doping tests of at least six Russian athletes in 2011."
In November 2015, WADA published its report, which found "systemic failures" in the IAAF had prevented an "effective" anti-doping programme and concluded that Russia should be banned from competing in international competitions because of its athletes' test results. The report continued that "the IAAF allowed the conduct to occur and must accept its responsibility" and that "corruption was embedded" in the organization.
In January 2016, as a result of the doping scandal and WADA's report, the IAAF's biggest sponsor, Adidas, announced that it was ending its sponsorship deal with the IAAF four years early. The BBC reported that as a result the IAAF would lose $33 million („23 million) worth of revenue. The 11-year sponsorship deal with Adidas was due to run until 2019. World-record holding sprinter Michael Johnson described the scandal as more serious than that faced by FIFA. In February 2016, Nestlý announced that it was ending its IAAF sponsorship.